Health & Beauty
The latest news, updates and analysis on the health and beauty segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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May- 2019 -29 May
Boots could close up to 200 stores
Boots owner Walgreen Boots Alliance (WBA) have plans to close up to 200 underperforming stores, according to Sky News. The health and beauty retailer which employs more than around 56,000 people, saw profits fall by more than 18% last year. The potential closures would see just under 10% of Boots’…
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14 May
Boots profits slump by almost 20%
Profits at Boots UK stores fell by 18.3% last year as sales also struggled. For the year ending 31 August the company, which is owned by Walgreens Boots Alliance, reported profits of £317m and revenues of £6.8bn, a fall of 2.3% compared with the previous year. The fall is also…
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Apr- 2019 -4 April
Boots facing possible store closures
Health and beauty retailer Boots may be forced to close some of its stores after parent company Walgreens Boots Alliance experienced a “disappointing quarter”. In its Q2 results, the company’s international retail pharmacy results showed that sales decreased 1.2% on a constant currency basis, mainly due to a 1.3% decline…
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Mar- 2019 -20 March
Superdrug launches in-store consultations on breast cancer checks
Superdrug has announced its partnership with charity CoppaFeel! to offer a no touch consultation on how to carry out a breast examination in all 56 of its nurse clinics across the UK. It has become the first high street retailer to offer the check which has an aim to educate…
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Feb- 2019 -28 February
Boots reveals plans to cut 350 head office jobs
Health and beauty retailer Boots has announced it is looking to cut 350 jobs from its Nottinghamshire headquarters as part of a restructuring plan. Approximately 2,500 staff are employed at the office and the company said it was looking to reduce its costs by 20%. A 45 day consultation process…
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14 February
Fragrance Shop to open 15 new ‘Sniffbars’
The Fragrance Shop has announced it is to open 15 new ‘Sniffbars’, which will allow customers to smell a wide variety of fragrances and speak with perfume consultants. Opening as concessions in shopping centres, the standalone outlets are aimed at creating a retail experience for customers, merging both physical and…
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Jan- 2019 -25 January
L’occitane launches same day delivery across UK
French beauty retailer L’occitane has partnered with retail delivery startup On The Dot to launch its same day delivery service proposition ‘Ship From Store’ across the UK. The service has launched in London and there are plans to it extend across the remaining 86 UK stores in early 2019. On…
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22 January
Ousted Deciem founder Brandon Truaxe dies
The founder of beauty brand Deciem has died, the company announced in a statement on Monday (21 January). Brandon Truaxe, 40, launched the brand back in 2013 in Toronto and it is now best known for its skincare line The Ordinary. The news comes after Truaxe was recently ousted from…
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Dec- 2018 -21 December
Boots owner’s earnings dented by ‘challenging market’ in the UK
Boots owner, Walgreens Boots Alliance, has said it has seen a decline in profit and sales due to a “challenging market” in the UK. The group said its UK pharmacy sales had fallen by 3.5% in the three months to the end of November, it also saw retail sales drop…
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Nov- 2018 -16 November
Superdrug warned by ASA over ‘free gifts’
Superdrug has been warned by the Advertising Standards Authority (ASA) over a ‘free gift’ promotion which offered a free hand towel when customers bought certain products. One complainant said they had bought the “three black and Asian hair products” required to be eligible for the free ‘ORS Magic Hair Towel’,…
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